This week, Shiba Inu Wort has seen a decline and its price is $ 0.00001333 till the news is written, with an increase of 4.01% in the last 24 hours. But despite these ups and downs, Shibarium Community is steadily increasing. The Foundation of Shiba Inu has achieved an important milestone this week, in which Shibarium Community has crossed the 100 million address mark. According to shibariumscan data, it is reported that now the Shibarium Community has more than 104.1 million addresses, which reflect the strength of this network.
Shibarium Community achieved big milestone
Shibarium has created a big milestoneNow Shiba Inu will accelerate. At the same time, transaction volume in Shibarium Community is also increasing. Currently this network has processed over 947 million transactions and is expected to reach 1 billion transactions. Such figures suggest that the transaction volume of Shibarium Community remains good, although the network is facing other challenges. During this year, the total value locked (TVL) of Shiba Inu Community has come down a huge decline, which is now only $ 1.93 million. As a result, Defi Networks such as Shibaswap, Woofswap, Chewyswap and Dogswap have declined drastically.
The decline in the number of active address of Shiba Inu
While the number of new addresses and transactions is increasing in the Shibarium Community on the one hand, on the other hand the number of active addresses of Shiba Inu Community has decreased. Currently Shiba Inu has only 113,000 active addresses, which are about 240,000 less than this year’s highest level. This fall can become a concern for the network, as the number of active users affects the network’s overall health and impact in the market. This data makes it clear that Shiba Inu Worth is definitely ups and downs, but it can be said that the use of the network is increasing by looking at the growth and increasing transactions of the shibarium.
Conclusion
The growth of Shibarium Community makes it clear that Shiba Inu Work is definitely fluctuating, but it can be said that the use of the network is increasing. However, the decline in the number of active addresses of Shiba Inu and a decrease in TVL is an important challenge, which needs to be improved. In the future, it will have to be seen how the community of Shiba Inu recover from these challenges and whether the number of active users will improve, so that it can be made even more strong and stable.
